Indonesia GDP Annual Growth Rate

Indonesia's annual economic growth eased to 5.07 percent in the first quarter of 2019 from 5.18 percent in the previous three-month period and below market consensus of 5.18 percent. This was the weakest growth rate in one year, as both private consumption and fixed investment rose at softer pace. For 2019, the government is targeting economic growth at 5.3 percent, while the central bank has forecast a range of 5.0-5.4 percent. GDP Annual Growth Rate in Indonesia averaged 5.28 percent from 2000 until 2019, reaching an all time high of 7.16 percent in the fourth quarter of 2004 and a record low of 1.56 percent in the fourth quarter of 2001.

GDP Annual Growth Rate in Indonesia is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Indonesia to stand at 5.00 in 12 months time. In the long-term, the Indonesia GDP Annual Growth Rate is projected to trend around 5.50 percent in 2020, according to our econometric models.

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Indonesia Q1 GDP Annual Growth Weakens to 1-Year Low

Indonesia's annual economic growth eased to 5.07 percent in the first quarter of 2019 from 5.18 percent in the previous three-month period and below market consensus of 5.18 percent. This was the weakest growth rate in one year, as both private consumption and fixed investment rose at softer pace.

On the expenditure side, household consumption rose 5.01 percent in the first quarter, after a 5.08 percent increase in the previous period while fixed-investment went up 5.03 percent, slowing from 6.01 percent in the December quarter. On the other hand, net external demand contributed positively to the GDP growth as exports fell 2.08 percent (vs 4.33 percent in Q4) and imports plunged at a faster 7.75 percent (vs 7.10 percent in Q4). Meanwhile, government spending climbed 5.21 percent in the first quarter, compared with a 4.56 percent advance in the previous period.

Indonesia Q4 GDP Annual Growth Above Expectations
Indonesia's annual economic growth edged up to 5.18 percent in the fourth quarter of 2018 from 5.17 percent in the previous three-month period and slightly above market consensus of 5.11 percent. The expansion was mainly driven by private consumption while both fixed investment and government spending increased at a slower pace. Meantime, net exports contributed negatively to the GDP growth.Published on 2019-02-06

Indonesia GDP Annual Growth Slows to 5.17% in Q3
Indonesia's annual economic growth eased to 5.17 percent in the third quarter of 2018 from 5.27 percent in the previous three-month period and slightly above market consensus of 5.15 percent. The expansion was mainly driven by private consumption and fixed investment while net exports contributed negatively to the GDP growth.Published on 2018-11-05

Indonesia Q2 GDP Growth Strongest in 4-1/2 Years
The Indonesian economy advanced 5.27 percent year-on-year in the second quarter of 2018, beating market consensus of 5.16 percent and following a 5.06 percent growth in the previous period. It was the strongest pace of expansion since the last quarter of 2013, driven by faster rises in private consumption and government spending while fixed investment grew firmly.Published on 2018-08-06

Indonesia GDP Growth Slows to 5.06% in Q1
The Indonesian economy expanded by 5.06 percent year-on-year in the first quarter of 2018, following a 5.19 percent growth in the previous period and missing market expectations of 5.18 percent. Both exports and government spending increased at a slower pace while household consumption growth was almost unchanged and fixed investment rose further.Published on 2018-05-07

Indonesia GDP Annual Growth Rate

Indonesia is the largest economy in South East Asia. Industry accounts for the largest share of GDP (46.5 percent of total GDP). Within industry, the most important is manufacturing, which has been one of the main growth engines (24 percent of total output). Mining and quarrying accounts for 12 percent, construction for 10 percent and electricity, gas and water supply for 0.75 percent. Services constitute 38 percent of total GDP. Within services, the most important are: trade, hotel and restaurants (around 14 percent of GDP); transport and communication (7 percent of GDP); finance, real estate and business services (7 percent of GDP) and government services (6 percent). Agriculture accounts for the remaining 15 percent. This page provides - Indonesia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Indonesia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.